GO2DEVELOPMENT
ActiveSummary
GO2DEVELOPMENT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €875. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-17
Solvency93▲+24
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.55 in 2024; short-term debt: 32.5% and cash: 48.8% of total assets), and 32.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.5%
Return on assets
2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
4 d early
2023
22 d late
2022
37 d late
2021
25 d late
2020
30 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▼ 19.5%
2024 · €37k
2019: €13klowest in 7 years
2020: €42k▲ +235% vs 2019
2021: €65k▲ +55.7% vs 2020highest in 7 years
2022: €55k▼ -15.7% vs 2021
2023: €39k▼ -29.0% vs 2022
2024: €37k▼ -6.4% vs 2023
2025: €29k▼ -19.5% vs 2024
2019 → 2025
Total assets
€44k▼ 47.6%
2024 · €83k
2019: €68k
2020: €117k▲ +71.2% vs 2019
2021: €144k▲ +23.8% vs 2020highest in 7 years
2022: €115k▼ -20.0% vs 2021
2023: €76k▼ -34.1% vs 2022
2024: €83k▲ +9.6% vs 2023
2025: €44k▼ -47.6% vs 2024lowest in 7 years
2019 → 2025
Net result
€875▼ 93.0%
2024 · €13k
2019: €8k
2020: €29k▲ +292% vs 2019highest in 7 years
2021: €23k▼ -20.6% vs 2020
2022: €25k▲ +6.0% vs 2021
2023: €-4k▼ -116% vs 2022lowest in 7 years
2024: €13k▲ +413% vs 2023
2025: €875▼ -93.0% vs 2024
2019 → 2025
Working capital
€9k▼ 55.6%
2024 · €21k
2019: €-2klowest in 7 years
2020: €15k▲ +726% vs 2019
2021: €15k▲ +4.4% vs 2020
2022: €52k▲ +238% vs 2021highest in 7 years
2023: €31k▼ -40.6% vs 2022
2024: €21k▼ -32.7% vs 2023
2025: €9k▼ -55.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€55k▼ 15.7%€39k▼ 29.0%€37k▼ 6.4%€29k▼ 19.5%
2021: €65khighest in 5 years
2022: €55k▼ -15.7% vs 2021
2023: €39k▼ -29.0% vs 2022
2024: €37k▼ -6.4% vs 2023
2025: €29k▼ -19.5% vs 2024lowest in 5 years
Operating result€16k-€-4k€-699▲ 83.6%€19k€4k▼ 78.6%
2021: €16k
2022: €-4k▼ -127% vs 2021lowest in 5 years
2023: €-699▲ +83.6% vs 2022
2024: €19k▲ +2796% vs 2023highest in 5 years
2025: €4k▼ -78.6% vs 2024
Net result€23k-€25k▲ 6.0%€-4k€13k€875▼ 93.0%
2021: €23k
2022: €25k▲ +6.0% vs 2021highest in 5 years
2023: €-4k▼ -116% vs 2022lowest in 5 years
2024: €13k▲ +413% vs 2023
2025: €875▼ -93.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€20k ▼ 17.7%
Current assets
€23k ▼ 60.1%
Equity and liabilities €44k
Equity
€29k ▼ 19.5%
Debt
€14k ▼ 69.7%
Debt's share of the balance-sheet total falls from 56.1% to 32.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €23k
Cash flow
€5k▼
2024 · €17k
Current ratio
1.66▲
2024 · 1.55
Debt to equity
0.48▼
2024 · 1.28
ROE
3.0%▼
2024 · 34.2%
ROA
2.0%▼
2024 · 15.0%
Interest coverage
18.72▼
2024 · 35.35
Debt ≤ 1 year
€14k▼
2024 · €38k
Income taxes
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€44k▼
Fixed assets21/28€25k€20k▼
Tangible fixed assets22/27€25k€20k▼
Furniture and vehicles24€767€444▼
Other tangible fixed assets26€24k€20k▼
Current assets29/58€59k€23k▼
Amounts receivable within one year40/41€22k€2k▼
Trade receivables40€22k€2k▼
Cash at bank and in hand54/58€32k€21k▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€83k€44k▼
Equity10/15€37k€29k▼
Contributions10/11€5k€5k=
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Reserves not available under the articles1311€500€500=
Profit (loss) carried forward14€31k€24k▼
Amounts payable17/49€47k€14k▼
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€38k€14k▼
Current portion of amounts payable after more than one year42€12k€9k▼
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€10k€4k▼
Other amounts payable47/48€16k€833▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Gross operating margin9900€23k€8k▼
Operating profit (loss)9901€19k€4k▼
Financial charges65/66B€663€448▼
Recurring financial charges65€663€448▼
Profit (loss) for the period before taxes9903€18k€4k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€13k€875▼
Profit (loss) for the period to be appropriated9905€13k€875▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€32k▼
Profit (loss) brought forward from the previous period14P€34k€31k▼
Profit to be distributed694/7€15k€8k▼
Return on contributions (dividend)694€15k€8k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €14k | €5k | €5k | €4k | ▼ 5.3% |
| Other operating charges640/8 | €6k | €4k | €116 | - | - | - |
| Gross operating margin9900 | €32k | €13k | €4k | €23k | €8k | ▼ 64.2% |
| Operating profit (loss)9901 | €16k | €-4k | €-699 | €19k | €4k | ▼ 78.6% |
| Financial income75/76B | €13k | €40k | - | - | - | - |
| Recurring financial income75 | €13k | €13k | - | - | - | - |
| Non-recurring financial income76B | - | €28k | - | - | - | - |
| Financial charges65/66B | €1k | €1k | €953 | €663 | €448 | ▼ 32.4% |
| Recurring financial charges65 | €1k | €1k | €953 | €663 | €448 | ▼ 32.4% |
| Profit (loss) for the period before taxes9903 | €27k | €35k | €-2k | €18k | €4k | ▼ 80.3% |
| Income taxes67/77 | €4k | €10k | €2k | €6k | €3k | ▼ 52.1% |
| Profit (loss) for the period9904 | €23k | €25k | €-4k | €13k | €875 | ▼ 93.0% |
| Profit (loss) for the period to be appropriated9905 | €23k | €25k | €-4k | €13k | €875 | ▼ 93.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144k | €115k | €76k | €83k | €44k | ▼ 47.6% |
| Fixed assets21/28 | €99k | €37k | €29k | €25k | €20k | ▼ 17.7% |
| Tangible fixed assets22/27 | €45k | €37k | €29k | €25k | €20k | ▼ 17.7% |
| Land and buildings22 | €33k | €32k | €28k | - | - | - |
| Furniture and vehicles24 | - | €1k | €1k | €767 | €444 | ▼ 42.1% |
| Leasing and similar rights25 | €12k | €3k | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €24k | €20k | ▼ 16.9% |
| Financial fixed assets28 | €54k | - | - | - | - | - |
| Current assets29/58 | €46k | €79k | €47k | €59k | €23k | ▼ 60.1% |
| Amounts receivable within one year40/41 | €30k | €484 | €1k | €22k | €2k | ▼ 90.1% |
| Trade receivables40 | €5k | €484 | €1k | €22k | €2k | ▼ 90.1% |
| Other amounts receivable41 | €25k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €11k | €78k | €46k | €32k | €21k | ▼ 33.4% |
| Deferred charges and accrued income490/1 | €4k | - | - | €5k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144k | €115k | €76k | €83k | €44k | ▼ 47.6% |
| Equity10/15 | €65k | €55k | €39k | €37k | €29k | ▼ 19.5% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Capital10 | €5k | €5k | - | - | - | - |
| Issued capital100 | €5k | €5k | - | - | - | - |
| Outside capital11 | - | - | €5k | - | - | - |
| Other1109/19 | - | - | €5k | - | - | - |
| Reserves13 | €500 | €500 | €500 | €500 | €500 | = |
| Non-distributable reserves130/1 | €500 | €500 | €500 | €500 | €500 | = |
| Legal reserve130 | €500 | €500 | €500 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €500 | €500 | = |
| Profit (loss) carried forward14 | €60k | €50k | €34k | €31k | €24k | ▼ 22.9% |
| Amounts payable17/49 | €79k | €60k | €37k | €47k | €14k | ▼ 69.7% |
| Amounts payable after more than one year17 | €49k | €34k | €21k | €9k | - | - |
| Financial debts170/4 | €49k | €34k | €21k | €9k | - | - |
| Amounts payable within one year42/48 | €30k | €26k | €16k | €38k | €14k | ▼ 62.6% |
| Current portion of amounts payable after more than one year42 | €23k | €13k | €12k | €12k | €9k | ▼ 26.5% |
| Trade debts44 | €7k | €2k | €1k | - | - | - |
| Suppliers440/4 | €7k | €2k | €1k | - | - | - |
| Taxes, remuneration and social security45 | - | €9k | €3k | €10k | €4k | ▼ 55.9% |
| Taxes450/3 | - | €9k | €3k | €10k | €4k | ▼ 55.9% |
| Other amounts payable47/48 | - | €3k | €629 | €16k | €833 | ▼ 94.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €25k | €-4k | €13k | €875 | ▼ 93.0% |
| + Depreciation and write-downs630 | €11k | €14k | €5k | €5k | €4k | ▼ 5.3% |
| Operating cash flow (approximation) | €34k | €38k | €595 | €17k | €5k | ▼ 69.5% |
| Investment in fixed assets (approximation) | - | €48k | €3k | €0 | €0 | - |
| Change in cash | - | €67k | €-33k | €-14k | €-11k | ▲ 22.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2019net €29k ▲292%
Operating result €27k, net result €29k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.80
Current ratio from 0.80 to 1.80.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lobbes · 1 establishment unit since 2019
Ground area
1,396 m²
Building footprint
149 m²
Volume, LiDAR
1,048 m³
Parcel 56069B0274/00N000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GO2DEVELOPMENT
since 20192.291.513.548
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56069B0274/00N000 | Wallonia | 1,396 m² | 1 · 149 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SEBELCO
BE 0680.460.443
Fosses-la-Ville · Eq €29,475
GAMOTI
BE 0894.320.105
Dilbeek · Eq €29,477
2TheMoon
BE 1007.589.775
Mouscron · Eq €29,467
Ellen De Groote
BE 1024.288.722
Aalst · Eq €29,483
FL-MANAGEMENT
BE 0801.806.948
Sint-Gillis-Waas · Eq €29,484
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 34,363 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85510Sports and recreation education
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.